chattel real

A real-property interest that is less than a freehold or fee, such as a leasehold estate.

• The most important chattel real is an estate for years in land, which is considered a chattel because it lacks the indefiniteness of time essential to real property.

— Also termed real chattel. [Cases: Property 4. C.J.S. Property §§ 14–21, 23.]

---

词条贡献者

资深译员Jenny，国内名牌大学法律英语专业，专注翻译各种与重组、破产及重整有关的法律文件。